Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 116.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 19,808 shares of the company’s stock after buying an additional 10,661 shares during the quarter. Intech Investment Management LLC’s holdings in Boot Barn were worth $3,007,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in Boot Barn by 2.0% during the third quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock worth $701,000 after acquiring an additional 83 shares during the period. Louisiana State Employees Retirement System grew its holdings in Boot Barn by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the company’s stock worth $2,247,000 after acquiring an additional 100 shares during the period. Arizona State Retirement System grew its holdings in Boot Barn by 1.1% during the fourth quarter. Arizona State Retirement System now owns 8,853 shares of the company’s stock worth $1,344,000 after acquiring an additional 100 shares during the period. Signaturefd LLC grew its holdings in Boot Barn by 201.8% during the fourth quarter. Signaturefd LLC now owns 166 shares of the company’s stock worth $25,000 after acquiring an additional 111 shares during the period. Finally, Assetmark Inc. grew its holdings in Boot Barn by 45.2% during the fourth quarter. Assetmark Inc. now owns 363 shares of the company’s stock worth $55,000 after acquiring an additional 113 shares during the period.

Insider Transactions at Boot Barn

In other news, CEO John Hazen sold 6,311 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the sale, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at $602,282.26. This trade represents a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Boot Barn Trading Up 2.9 %

Shares of NYSE BOOT opened at $105.21 on Thursday. Boot Barn Holdings, Inc. has a one year low of $84.28 and a one year high of $176.64. The firm has a market capitalization of $3.22 billion, a PE ratio of 18.79, a PEG ratio of 1.17 and a beta of 2.07. The business has a 50-day moving average price of $136.59 and a two-hundred day moving average price of $144.98.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. Research analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. StockNews.com lowered Boot Barn from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Bank of America lifted their target price on Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Robert W. Baird decreased their price target on Boot Barn from $190.00 to $155.00 and set an “outperform” rating for the company in a research report on Wednesday, March 5th. Piper Sandler reiterated an “overweight” rating and issued a $181.00 price target (up previously from $179.00) on shares of Boot Barn in a research report on Friday, January 31st. Finally, Craig Hallum set a $178.00 price target on Boot Barn in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boot Barn has an average rating of “Moderate Buy” and a consensus target price of $181.92.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.